Gold •135 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •4 hours | 67.02 | -1.68 | -2.45% | |
Gasoline •4 hours | 1.949 | -0.032 | -1.63% | |
Ethanol •135 days | 2.161 | +0.000 | +0.00% | |
Silver •135 days | 30.82 | +1.16 | +3.92% |
Silver • 135 days | 30.82 | +1.16 | +3.92% | ||
Copper • 135 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 3 hours | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 4 hours | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 4 hours | 2.171 | -0.041 | -1.87% |
Seasonality is really the only story. For the next week the market should drift upward on low volume. I expect the major averages to be higher on Friday December 30…
Summary: Long term – on major buy signal. Short term – on sell signals. Gold sector cycle is down. Trend is down. Correction continues.
One of the problems that inflation folks have is that the historical data series for many of the assets we use in our craft are fairly short, low-quality, or difficult…
As counter-intuitive as it may seem to many, I believe the world-wide desirability to own the much, maligned U.S. Dollar is destined to rise. To my mind, the recent upside…
How did Donald Trump get elected? Can we pigeon hole Trump's ideology? Very few people expected Donald Trump to win the Republican nomination. But Trump received more TV coverage than…
Since Trump's election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks…
The US dollar has rocketed higher since early November's US presidential election, rivaling the massive gains seen in the stock markets. With the world's reserve currency catapulted to extreme secular…
U.S. Economic Confidence has now surged to the highest level that Gallup has ever recorded. Additionally, the degree of Investor euphoria that has occurred since Trump was elected is something…
The bottom line is that the Trump's presidency may significantly affect the Fed's functioning and, thus, the gold market. The president will fill two vacancies in the Board of Governors…
The illusion that the economy is doing well is supported because of the vibrant stock market. The stock market appears healthy because hot money is driving it. If the supply…